Friday, January 22, 2021

The Return of MCO

Many people’s worst fears have come true as Malaysia’s Prime Minister Muhyiddin Yassin announced the reinstatement of the movement control order (MCO) lockdown measures. Fortunately, this reinstatement only covers select states and federal territories that have experienced the worst of the resurgent Covid-19 outbreak. The remaining states will continue...
Recently, NIO, a Chinese automobile manufacturer, has launched a mass production electric car with what could be the world’s farthest driving range, as it ups the ante with Tesla for customers in the largest market for new-energy vehicles on the planet. The competition is truly heating up now in China’s...
Malaysia has done relatively well in containing the spread of the Covid-19 coronavirus. However, a recent surge in cases has brought with it new concerns. It is now very much a possibility that the country may see a return of the strict movement control order (MCO) lockdown which caused...
By Ko Chuan Zhen The pandemic has disrupted economies worldwide, and hampered renewable energy’s (RE) progress, though the International Energy Agency in November projected its impact to be temporary, with the use of fossil fuels expected to decrease. This places renewables as the largest source of electricity generation globally by...
Majority of Malaysians are buying more from local businesses to help the domestic economy recover after COVID-19  Almost seven in 10 Malaysian consumers (69 per cent) are buying more from local brands to help these businesses bounce back from the COVID-19 pandemic. This trend is stronger in Malaysia than in...
Business sentiment remains muted for Q1 2021 albeit slight improvements from the previous quarter Malaysian business sentiment continues to remain muted for Q1 2021 although slight improvements were seen for the third consecutive quarter since Q2 2020. According to Dun & Bradstreet (D&B) Malaysia’s Business Optimism Index (BOI) study, BOI...
German carmaker BMW is planning to step up its production of electric vehicles. Chief Executive Oliver Zipse said that between 2021 and 2023, the carmaker would build a quarter of a million more electric cars than originally planned. He added that BMW wants roughly every fifth car it sells...
Telehealth services and its operators, which allow patients to consult with medical staff and professionals virtually, are riding a huge surge in demand within the ASEAN nations as the Covid-19 pandemic continues to push the healthcare sector online. In countries such as Thailand, Indonesia, and Singapore, telehealth services has seen...
Huawei Technologies (Malaysia) has kick-started a series of SME programmes, in collaboration with the SME Association of Malaysia (SME Association), SME Corporation Malaysia (SME Corp Malaysia), and the Malaysia Digital Economy Corporation (MDEC), to drive digital transformation among SMEs and create a sustainable ecosystem for SME growth. Realising the important...
International students will be allowed entry into Malaysia once more starting January 1, 2021. This was announced by Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob. However, he said the exception was for those coming from the United Kingdom ― where a new highly infectious strain of Covid-19...
Industry players are expecting a bumper year for certain industries in 2021. Uni Enrol Malaysia chief executive officer (CEO) Rickson Khaw said some industries are expected to do much better next year as they put in a lot of effort to provide better services to their customers. “For example, businesses with products or...
Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, an insider told Reuters. Project Titan, the iPhone maker’s automotive project, has treaded a rocky road since 2014 when it first started to design its...